TBCryptocurrency

[Coin_trader]

fiction writer. day dreaming story teller.

[Pente]

Dev dont fix the wallet so cant send any tbc to exchange.

It seems to be working now. I just tested a tx:

https://tbc003.net:2053/tx/9dfe4226503e4232e6f904ee4d3c9157f7691852cdc33763879910e8021451c0

And you can see that I also received two transactions in the last couple days at this address and using a slightly different blockchain explorer:

http://tbc001.net:4444/address/Trsa4VTHUzShox6dihA18p3ZJF68ZkiLsr

I see 41 transactions in the last hour (this does NOT include the mining reward transaction). Compare this to about 140 for Dogecoin, and 120 for Litecoin.

Regardless of what anyone thinks of their philosophy, they are doing quite well.

[fortunecrypto]

I consider TBC  spam coin,they worked veru much different from crypto currency we've known,they worked like an mlm where it's not the market that plays the price but the admins of the program,everything are done internally,you need to sign up to their network to trade this coin.

[hdn]

looks on the web page price now almost touching 600usd with 60k people holding the coins..
people keep buying

[fortunecrypto]

looks on the web page price now almost touching 600usd with 60k people holding the coins..
people keep buying

Well let them buy,if you also believe in it buy for yourself as well,we all know that this is not a decentralized exchange and they worked like a ponzi scheme,they can even submit it on exchange,because they do not have an open code to submit,everything are all in controls of their admins.

[iamTom123]

Yes, TBC is a different type of a coin...the coin that is called The Bullshit Coin because you can not trade it except if you can convince someone to also buy the coin. It is quite funny how some savvy marketers are convincing their buyers that there would be an exchange soon...in my opinion that is next to impossible...some have tried to put up an exchange but it never took off.

[Kimpoiluiseta]

Wallet is not synchronization dev promise in youtube he will fix that 3 month ago.

this OP not dev the billioncoin
and the billion coin not cryptocoin only ponzy site
and this now coin is die, and member can't selling coin because nothing exchange support the billion coin

[coin-investor]

Yes, TBC is a different type of a coin...the coin that is called The Bullshit Coin because you can not trade it except if you can convince someone to also buy the coin. It is quite funny how some savvy marketers are convincing their buyers that there would be an exchange soon...in my opinion that is next to impossible...some have tried to put up an exchange but it never took off.

It will never took off because it;s not decentralized and no exchange will accept them,because the source is not open,exchanges are very strict on coins that are not implementing open source code.

[Pente]

They just announced the web wallet will be disabled on January 31, 2017 and that everyone needs to move their coins to a centralized site. I just checked the site out. You get a BTC address and the dashboard has a send function, but there is no export or import for private keys.

After Jan 31, 2017, they can do an exit by shutting down tbc004.net and everyone's TBC can just disappear....

If they leave any of the block explorers up, like http://tbc001.net:4444 , maybe it will still be possible to use a clone of the wallet.

Btw, I am seeing several FB groups openly selling TBC for $1 each now, slightly lower than the official price of $662 US

[Pente]

TBC web wallet has been disabled at tbc001.net tbc002.net and tbc003.net, now they redirect you to tbc004.net and if you had TBC coins at those previous addresses using the web wallet,  you can't access them anymore.

I kept a copy of the their discontinued wallet and now I seem have it working again at http://www.mysticwealthclub.com/TBC/ and if you have an old wallet at tbc001 to tbc003, you can copy the last part after the # sign, something  like this:

http://www.mysticwealthclub.com/TBC/#Your_Letters_Here!

so that

http://tbc001.net/web-wallet/#WYgCBsDLg3ZB57lKuVuZ0bafQHxLoD

will become

http://www.mysticwealthclub.com/TBC/#WYgCBsDLg3ZB57lKuVuZ0bafQHxLoD

[NabilaM]

this scam or not?

[Mr.Pro]

this scam or not?

I dont know if you're blind or dumb or maybe it could be both.

[Pente]

this scam or not?

It is a real cryptocurrency, but it supposedly uses a fixed price that increases about 3% per day. It is being heavily promoted in Africa and the Philippines. It is basically a weird decentralized ponzi scheme. While I am sure a lot of people will lose a lot of money, it is helping to promote knowledge about cryptocurrency.

I find it fascinating.

[MadHatt597]

It is a real cryptocurrency, but it supposedly uses a fixed price that increases about 3% per day. It is being heavily promoted in Africa and the Philippines. It is basically a weird decentralized ponzi scheme. While I am sure a lot of people will lose a lot of money, it is helping to promote knowledge about cryptocurrency.

I find it fascinating.

Hello Pente,

How are you?
I have been following this very closely now as well.
There is one thing I cant seem to figure out, what type of coin this is? What algorithm does it run on?
Any idea?

Thanks for reading

//edited
took out 1 extra question mark...

[Pente]

Probably proof of work using Sha-256, currently producing 500 coins per block. I have no idea who developed it, but it was heavily promoted by one of the original people working with Dr. Ruja from OneCoin. That research is on my computer in Hawaii, I will be here in Kenya for another month. There were 10^9 TBC premined. Probably a maximum of 2*10^9 coins, not sure when the block reward will half.

Removing the rushwallet clone and forcing people to use tbc004.net basically makes it a centralized coin now. I made a copy of the wallet code before they removed it and modified it to work on my website mysticwealthclub.com. That website was a test idea for a different kind of coin (MyCoin) and basically a failure. I will probably delete it when I get back to the USA and when I do, I will move the TBC wallet to one of my other websites for anyone that needs it.

[MadHatt597]

Probably proof of work using Sha-256, currently producing 500 coins per block. I have no idea who developed it, but it was heavily promoted by one of the original people working with Dr. Ruja from OneCoin. That research is on my computer in Hawaii, I will be here in Kenya for another month. There were 10^9 TBC premined. Probably a maximum of 2*10^9 coins, not sure when the block reward will half.

Removing the rushwallet clone and forcing people to use tbc004.net basically makes it a centralized coin now. I made a copy of the wallet code before they removed it and modified it to work on my website mysticwealthclub.com. That website was a test idea for a different kind of coin (MyCoin) and basically a failure. I will probably delete it when I get back to the USA and when I do, I will move the TBC wallet to one of my other websites for anyone that needs it.

Interesting story. Thank you for that.
This all makes sense now.
Dr Ruja took unitywallet, and a friend got TBC.

I didn't know this coin even had a blockchain. I thought my friend was taken advantage of. I was tracking down the information I needed to undo it...
But, seems as though it is a "legit ponzi scheme" where they tell you its a fraud to your face, and its up to you to decide to read, ignore or invest.
I didn't see any information that would prove this coin to be real until today. There was so little out there to read until contacting you, that it seemed like more of a bad thing than it is.
Ive got an old Titan Mercury 100ghs miner around here... I might put that to some use and see what kind of results I get.

I hope you're doing well Pente.

[Pente]

Just be aware that you can buy those TBC coins around here for less than a $1 each. I bought a bunch for about $0.05/each, although nobody had large volumes. I have given away most of them for kicks and giggles. Their true value is certainly no more than a few satoshis each.

The one good thing about these weird cryptocurrencies is that they are teaching 3rd world people how to use them. With Bitcoin tx fees running about $0.50 now, Bitcoin is to expensive to play with anymore.

Admittedly, people would probably be better playing around with a few Dogecoins.

[MadHatt597]

..... one of the original people working with Dr. Ruja from OneCoin.

Not the right place to ask...

[monsterman]

Big Block Big Coins TBC

now they are asking money to show your own coins to you LOL

so many clowns in this world